OFF MARKET

7 Wallsend Road
Sandgate NSW 2304

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 85m2
Land area: 728m2
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Last updated 2 Sep 2024
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Property Details for 7 Wallsend Rd, Sandgate

7 Wallsend Rd, Sandgate is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 728m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1920
Floor Size
85m2
Land Size
728m2
Local Government
Newcastle
Lot/Plan
5A/DP155266

Last Listing description (October 2023)

7 Wallsend Road, Sandgate, NSW. Situated on 732.60 square meters of level land, this property presents a unique opportunity for first home buyer, developer or business owner in a high visibility traffic flow area.

Currently situated a 2-bed x 1 bath x 2 car home, presents the opportunity to move in or rent out and continue receiving rental return on the investment whilst plans to re-develop the property are submitted to local authorities for approval.

This property is currently situated amongst a variety of other businesses such as, mechanical workshops, light industry works, stone masons, gym/fitness center, cafe, flower shop and more that all fall under the E4 zoning.

The following development is permitted with consent but not limited to (STCA)
Bed and breakfast accommodation
Community facilities
Dwelling houses
Environmental facilities
Environmental protection works
Flood mitigation works
Home based childcare
Home businesses
Home industries
Recreation areas
Secondary dwellings

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Property History for 7 Wallsend Rd, Sandgate, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$620,000
24 Aug 2023
  • 24 Aug 2023
    Sold for $620,000
  • 14 Jul 2023
    Listed for Sale Not Disclosed
  • 23 Sep 2002
    Sold for $153,000
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About Sandgate 2304

The size of Sandgate is approximately 3 square kilometres. It has 5 parks covering nearly 46.5% of total area. The population of Sandgate in 2011 was 310 people. By 2016 the population was 284 showing a population decline of 8.4% in the area during that time. The predominant age group in Sandgate is 80-89 years. Households in Sandgate are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandgate work in a machinery operators and drivers occupation. In 2011, 52% of the homes in Sandgate were owner-occupied compared with 44.5% in 2016.

Sandgate has 312 properties. Over the last 5 years, Houses in Sandgate have seen a 66.71% increase in median value. As at 31 July 2024:

  • The median value for Houses in Sandgate is $712,437 while the median value for Units is $489,543.
  • Houses have a median rent of $300.
There are currently 1 property listed for sale, and no properties listed for rent in Sandgate on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Sandgate.

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